Economy

Is ‘Going Left’ Right for OWS?

The Occupy Wall Street movement has resisted making specific proposals for reform, focusing instead on its trademark occupation of parks and its protests on behalf of the 99 percent. Some longtime activists now urge OWS to “go left,” but Danny Schechter says it also much broaden its reach to that 99 percent.

Police State Blues

The New York Police Department reacted quickly against Occupy Wall Street activists who returned to Liberty Square (or Zuccotti Park) six months after the original occupation began. But the confrontation marked one more milepost in a longer and surely more painful journey, writes poet Phil Rockstroh.

Banks Are Called on to Repent

America’s banks remain under fire, including a public resignation by a Goldman Sachs executive disgusted by the firm’s abuse of its clients. New protests also include calls by some Christian churches for the banks to repent for their roles in the nation’s foreclosure crisis, Michael Winship reports.

Slovakia Defies the Kochs and Cato

Exclusive: For the past decade, the people of the small central European nation of Slovakia have suffered under a harsh and corrupt “privatization” scheme devised by the Koch Brothers’ Cato Institute. However, in weekend elections, they defied their oligarchs by voting for a left-of-center “populist” party, reports Mark Ames.

Seeking Justice for Wall St.’s Victims

International agencies and global movements target human rights violators from small or isolated countries, but the idea of holding accountable the powerful and well-connected who cause much greater human suffering is considered unthinkable, a paradigm that Danny Schechter challenges.

Pols Resist Refunding Ponzi Cash

When financier Robert Allen Stanford was a high-flying billionaire, he spread his campaign donations around to powerful politicians of both parties, from Barack Obama to John McCain. But now – with Stanford convicted of fraud – a federal court is demanding refunds of his largesse, reports Michael Winship.

Financial Magic Thinking Dies Hard

Since the early supply-side days of Ronald Reagan, the Right has pretended that slashing taxes on the rich will generate extra revenue, thus more than paying for itself. The reality has turned out differently, but Michael Winship says that hasn’t changed the determination to bend reality to politics.

Mother of the Sit-Down Strike

Seventy years ago, the remarkable life story of Lucy Gonzales Parsons came to an end in a fire that destroyed her Chicago home. Though little remembered today, Parsons pioneered strategies to protest poverty and injustice, including the sit-down strike, William Loren Katz recalls.

The ‘Winners’ Take Everything

Exclusive: Many Americans still wonder how it happened, how did a country admired for its Great Middle Class, which sustained strong democratic institutions, end up with Third-World-style wealth inequality and a democracy to match? In reviewing Winner-Take-All Politics, James DiEugenio seeks an answer.

Regaining a Spirit of Defiance

When kids scramble to buy the latest Nike running shoe, they’re mocked for their consumerism; yet, when Mitt Romney mentions his wife’s Cadillacs and other one-percenters tool around in their luxury autos, they’re admired for their success — a commentary on America’s crisis, writes Phil Rockstroh.